The AWS monitoring feature used to process events with AWS Lambda is CloudWatch Events, specifically through the use of rules. Rules define the events to monitor (e.g., based on event patterns) and specify targets like AWS Lambda functions to process those events. The WGU Cloud Deployment and Operations Study Guide (Section 4.3, CloudWatch Events) explains that rules are the core component for event-driven architectures, enabling automation by linking events to Lambda for processing. Metrics, targets, and logs are related but not the primary feature for this function.